Swaap Lend
Euler · Mainnet
Frequently Asked Questions
What is the current APY for Swaap Lend?
The current spot APY for Swaap Lend on Euler (Mainnet) is 10.82%. The 30-day average APY is 10.21%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Swaap Lend?
The total value locked (TVL) in Swaap Lend is $77.1K. TVL measures the total USDC assets currently deposited in this vault.
Does the Swaap Lend yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Which network is Swaap Lend deployed on?
Swaap Lend is deployed on Mainnet. Network choice affects transaction costs, settlement speed, and which protocols are available. On-chain APY figures on Earnbase are calculated from exchange rate data on Mainnet directly.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| High Yield USDC | Morpho | Mainnet | 108.58% | $1.8M |
| Hub Capital USDC vault | Lagoon | Ethereum | 104.04% | $1.0M |
| V2 - ID:20 | Silo | Sonic | 72.48% | $8.5K |
| Resolv USDC | Euler | Mainnet | 33.98% | $2.3K |
| Apostro | Euler | BNB | 28.33% | $1.0K |
| Euler Arbitrum Yield | Euler | Arbitrum | 21.93% | $1.4K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 14.73% | $4.1M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 14.07% | $589.4K |
| Coinshift Conservative USPC | Lagoon | Ethereum | 11.19% | $340.1K |
More Euler Strategies
Swaap Lend
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Yield Overview
Swaap Lend is a USDC yield strategy on Euler (Mainnet). It currently generates 10.82% APY (24h) with a 30-day average of 10.21%. The vault holds $77.1K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Euler · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #11 out of 160 strategies. Its 10.82% yield is 80.7% higher than the market average of 5.99%. While not the highest available, this strategy outperforms the majority of tracked USDC opportunities.
How Swaap Lend Compares
Swaap Lend currently ranks #11 among 160 monitored USDC strategies. However, with a TVL of $77.1K, it holds significantly less capital than higher-TVL alternatives like wsrUSD (Leveraged Looping) ($4.1M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 77.7% higher than the network average for USDC strategies. Within Euler, it competes against 18 other USDC strategies. By TVL, this product ranks #46 of 57 USDC strategies on Mainnet.
About Euler
Euler is a non-custodial lending protocol offering both permissionless lending markets and curated vault strategies. Earnbase tracks 35 strategies on Euler.
USDC on Mainnet#5 of 57
Yield Sustainability
The 24h APY of 10.82% is nearly identical to the 30-day mean, with only a 6.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
Swaap Lend has been on a 29-day flat streak, with APY rising from 10.82% to 10.82% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 0.0%. Current 24h APY of 10.82% is 0.0% above the product's own 30-day average.
Weekly Breakdown
Historical APY Statistics
Over the past 121 days, Swaap Lend's yield has shown a downward trend, with yields compressing from 12.02% to 10.79%, a 10.3% decline. The sustainability score of 93/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 121 days, Swaap Lend's total value locked has experienced a growth phase, growing from $63.4K to $78.2K, a 23.3% increase.
History
FAQ
Yield & Performance
Swaap Lend on Euler offers a 24-hour APY of 10.82%, a 30-day average of 10.21% on USDC. Yields are variable and update daily based on protocol activity.
Swaap Lend ranks #11 out of 160 monitored USDC strategies. Its current yield of 10.82% is 80.7% above the market average of 5.99%.
Earnbase rates the yield sustainability of Swaap Lend at 93/100, classified as "Very Stable". The 24h APY of 10.82% is nearly identical to the 30-day mean, with only a 6.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 121 days, Swaap Lend has shown a downward yield trajectory. The average APY moved from 12.02% to 10.79%.
Swaap Lend has a yield volatility rating of "High" (standard deviation: 2.00pp over 121 days). The APY has ranged from 6.95% to 14.39% in the tracked period, with an average of 10.60%.
Liquidity & TVL
Swaap Lend currently has a total value locked (TVL) of $77.1K in USDC deposits.
Swaap Lend holds $77.1K in USDC deposits. Across all 160 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $77.1K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Swaap Lend ranks #46 of 57 USDC strategies on Mainnet. It currently holds $77.1K.
Swaap Lend's TVL is currently on an upward trajectory. Over the past 121 days, TVL moved from $63.4K to $78.2K, a +23.3% change. The 30-day high was $148.8K and the 30-day low was $35.2K.
Yield and TVL have remained relatively stable over the past 30 days. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, Swaap Lend had 0 days of inflows and 0 days of outflows. The largest single-day inflow was +$0 (Mar 07, 2026) and the largest outflow was -$0 (Mar 07, 2026). Net 30-day TVL change: +0.0%.
Strategy & Access
Swaap Lend operates on the Mainnet network and is managed by Euler. It accepts USDC deposits.
To deposit into Swaap Lend, you need USDC tokens on the Mainnet network. Visit the Euler platform directly to connect your wallet and make a deposit.
Swaap Lend ranks among 57 monitored USDC strategies on Mainnet. Its yield of 10.82% is 77.7% above the Mainnet average of 6.09%.
Swaap Lend is deployed on Euler's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Euler is the DeFi protocol infrastructure that Swaap Lend operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.
For illustrative purposes only. Based on the current 10.82% on-chain APY for USDC. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Euler before depositing.
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